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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Nov 25, 1978
Page
19
The report lists dozens of firms with prices and percent changes, including United Press Inter national data from 3 p.m. NYT market activity. It notes composite prices, dividends, and editions across industries like autos, tech, mining, and utilities with varied performance.
In a holiday thin session on Friday the Dow Jones average rose 3.12 points to 810.12 and the composite indexes moved higher. Banks raised the prime rate to 11 percent amid talk of the high rate, while casino stocks led the day’s gains and volume totaled 14.59 million shares.
Prices advanced for No.2 corn and yellow soybeans with gains shown for November December and January crops at Cedar Rapids processors. White corn and oats held steady. November soybeans at 6.65, December 6.65, January 6.65. No.2 corn at 2.22 November, 2.225 December, 2.225 January. Oats 1.53. Pro Farmer Grain provided quotes.
Wheat No 2 hard red winter 374 44n. No 2 soft red winter 379 4n. Corn No 2 yellow 23434n (hopper) 231 44n (box). Oats No 2 heavy 133%4n. Soybeans No 1 yellow 676 4n. No 2 yellow corn Wednesday 234 4n (hopper) 231 ven (box).
USDA price report shows butter prices to Chicago unchanged with 93 score at 123.50 to 124.00 and 92 score at 121.75 to 122.50. Eggs to retailers also steady with Grade A cartons delivered: Extra large 71 to 74, large 69 to 71, mediums 65 to 67.
In Joliet Illinois Friday cattle sales failed to establish a market as hog prices held steady to 50 cents higher. Hog weights 200 to 230 pounds offered at 49.50 to 50.00, 230 to 250 pounds at 48.50 to 49.50, 250 to 270 pounds at 47.00 to 48.50, and 270 to 290 pounds at 45.75 to 47.00. Estimated cattle receipts around 4,000 head with hog numbers not specified.
Sioux City AP farm desk notes hog prices with 4,500 head traded. Barrows and gilts mostly 25 lower, some 50 lower. 300 lb and heavier up 50-100. Averages listed: 200-240 lb at 50.00-50.25, near 200 head at 50.50, 240-260 lb 49.00-50.25, 260-280 lb 47.00-49.25. sows 1.00-1.50 higher. 350-650 lb 41.50-42.00. Cattle or sheep not noted.
The column condemns a mutual fund salesman for distributing unauthorized sales literature and notes the fund’s May no longer top the ranking and share values have fallen. It urges investors to verify prospectuses and demands prompt returns if money is involved. It also discusses dividend timing practices and SEC actions against unfair brokerage practices.
Livestock Friday reports moderate to active hog trading with good demand and strong to 50 higher butcher bids. No 1-2 hogs 200-230 lb with some to 240 lb quoted 48.00-49.00 and 50.00. 230-250 lb 47.75-49.25. No. 2-3 250-270 lb 46.00-48.00. 270-300 lb 43.50-47.00. No 1-3 270-550 lb sows 38.50-40.50. Receipts: estimated 85,000. Wed 71,000. prior week 88,000. year ago 70,000.
The Federal State Market News Service notes good demand in the west and north central states for live hens. Offerings and trading were light with several plants closed for a long holiday weekend. Supplies remained short even for next week's part time slaughter schedules. Undertone was fully steady at about 1f per pound for farm and commercial flocks.
Iowa farm eggs report prices unchanged as supplies stay short and demand ranges from moderate to good. Grade A large or better mostly 55 cents per dozen, medium 48 to 49 cents, other farm eggs Grade A large or better 38 cents, medium 30 to 32 cents, and Grade B large 20 to 24 cents.
Classified note records a want ad action with the telephone number 398 8234 for readers seeking goods or services. The snippet provides a single contact line and lacks additional details or dates.
White House press secretary Jody Powell says more than 500 million dollars yearly are saved through reforms begun since President Carter took office. He notes faster processing of veterans insurance premiums and slower Pentagon bill payments let more interest accumulate, but reporters ignore these changes as unexciting.
Republican Tom Tauke, winner in the 2nd District race against Mike Blouin, plans to meet with his farm policy council to decide how to respond to President Carter's veto of the beef import bill and to consider changes to set-aside programs.
Juanita Black, 32, becomes the first woman assigned to Cleveland police mounted unit in 79 years. A lifelong rider and mother of two, she fulfills a longtime goal in the horse troops.
An at home caroling idea invites family and friends to perform. The plan calls for a home piano, a selection of Christmas sheet music, various instruments for a lively sing along, and simple refreshments for a warm festive evening.
Eugenia Palera Sardi, cofounder of Sardi's Restaurant and longtime operator of the famed theater district landmark, died Saturday at age 89 after 26 years of work and influence in New York.
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